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AGP Executive Report

Last update: 9 hours ago

Oil & Gas Finance: SBM Offshore lifted its 2026 outlook again after a strong first-half, boosted by new FPSO work and the sale of FPSO ONE GUYANA, raising directional revenue guidance to about US$7.6B and directional EBITDA to about US$1.9B. Energy Security & Regional Trade: Curaçao is pitching itself as a logistics hub for offshore operations tied to Suriname and Guyana, citing deep-water port capacity, ship repair, bunkering and energy know-how. Local Industry & Jobs: President Ali renewed promises to complete the Kwebanna Road in Region One, linking the corridor to housing, agriculture, poultry, hydroponics and swamp shrimp production. Food Prices & Transport: Ali also outlined steps to cut Moruca sub-region food costs, including a proposed cargo service between Charity and Moruca and expanded poultry and other farm financing via the Guyana Development Bank. Infrastructure Procurement: Public Works received four bids to relocate sections of the old Demerara Harbour Bridge for the Sandhills-to-Timehri crossing, with contractor offers ranging from about US$272M to US$1.08B. Manufacturing Policy: The GMSA pushed back on a state-owned water bottling plant, warning it could undercut local manufacturers and crowd out private investment. Disaster Response: Government ended active search for MV Barima victims, though the MRCC remains on standby while forensic identification continues. Climate & Safety: The Fire Service warned against burning garbage and grass as El Niño-driven dry conditions raise wildfire risk.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 2, 2026

Guyana to host launch of Caribbean Energy Week 2027

AGP

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Jul. 2, 2026

Guyana to launch Caribbean Energy Week 2027

AGP

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Jun. 18, 2026

Speed International Logistics expands multimodal network for global supply chains

AGP

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Jul. 15, 2026

Flare monitoring market to reach $1.96 billion by 2035

AGP


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Africa’s top oil producer targets $50 billion offshore comeback as it battles Namibia and Guyana for global energy investment

Africa’s top oil producer targets $50 billion offshore comeback as it battles Namibia and Guyana for global energy investment

CARICOM Secretariat, Guyana Ministers hold talks on CARIFESTA, youth development

CARICOM Secretariat, Guyana Ministers hold talks on CARIFESTA, youth development

Illegal Mining Changes International Routes and Uses Venezuela and Guyana to 'Launder' Brazilian Gold

Illegal Mining Changes International Routes and Uses Venezuela and Guyana to 'Launder' Brazilian Gold


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Jul. 29, 2026

Quality Companies Expands Manufacturing Footprint Across Acadiana with Two-Site Investment

Louisiana Economic Development

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18 hours ago

Fortuna Reports Results for the Second Quarter 2026

GlobeNewswire, Inc.

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15 hours ago

SBM Offshore Half Year 2026 Earnings

GlobeNewswire, Inc.

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Jul. 22, 2026

U92 Energy Announces Public Offering of up to $6 Million

GlobeNewswire, Inc.

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Aug. 5, 2026

Tenaris Announces 2026 Second Quarter Results

GlobeNewswire, Inc.

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Jul. 15, 2026

Flare Monitoring Market Technology, Top Players, Growth Dynamics and Global Trends, Industry Forecast 2026 to 2035

EIN Presswire

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